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Jai Balaji Industries Ltd

₹ 72.90.72%
07 Jan – close price
🔗jaibalajigroup.com•BSE: 532976•NSE: JAIBALAJI
Market Cap₹ 6,647 Cr.
Current Price₹ 72.9
High / Low₹ 177
Stock P/E22.7
Book Value₹ 24.4
Dividend Yield0.00 %
ROCE36.1 %
ROE30.7 %
Face Value₹ 2.00
Sales₹ 5,786 Cr.
OPM9.02 %
Mar Cap₹ 6,647 Cr.

ABOUT

Incorporated in 1999, Jai Balaji Industries Limited is engaged in the manufacturing of Iron and Steel products[1]

KEY POINTS

Business Profile[1]JBIL is a fully integrated steel manufacturer and one of Eastern India’s largest private producers of value-added products, including Ductile Iron (DI) Pipes and Specialized Ferro Alloys.It is recognized as a 3-Star Export House, exporting to over 40 countries.

Also present in buckets:
Capacity Expansion And ProductsJv Partnerships AcquisitionsRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.JSW Steel1189.8047.57290848.850.241646.00166.1645152.0013.788.11174496.0015.026113.961623.003.511.651.22
2.Tata Steel183.8031.21229447.231.963183.09310.3858689.298.888.83221733.8212.987351.873394.272.421.221.01
3.Jindal Steel1074.7030.49109689.820.19635.08-25.8611685.884.2110.6748914.1619.493597.33638.232.214.330.39
4.Jindal Stain.855.0025.5370430.610.35807.9229.8710892.7811.4118.1641205.5411.882759.27793.923.907.500.38
5.S A I L150.3722.3362148.901.06418.72-29.0426704.178.226.76106431.9810.162783.77636.641.071.900.58
6.Sarda Energy510.9016.9318008.530.29327.7765.391527.7831.8615.275718.8730.921063.40323.182.578.510.38
7.NMDC Steel46.00–13474.880.00-114.7880.723389.90122.68-12.9711712.91-2.83-1320.39-114.781.03-8.210.41
8.Jai Balaji Inds.72.9222.696646.910.0026.48-82.711353.35-13.0636.085786.449.02292.9326.482.9915.400.21
–Median: 12 Co.147.2525.5315741.70.27194.6747.632458.848.559.378749.6711.02695.47192.382.152.750.4

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
1,5371,5391,4861,4831,7181,3571,7241,8461,5901,3691,5471,5571,353
Expenses
1,4671,2921,2961,2771,4031,2301,6611,6051,4571,3071,3331,3281,281
Operating Profit
70247190205316127632411336321322872
Other Income
223188101621156195282213
Profit before tax
2823517017028795343571082120221340
Tax %
0%0%29%0%27%25%138%23%30%0%0%28%33%
Net Profit
2823512017020971-13273752120215326
EPS in Rs
0.382.921.322.192.350.77-0.183.340.830.332.511.680.29

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
1,9681,4781,2131,5642,3893,0772,9122,7854,6926,1256,4146,3515,786
Expenses
1,9371,4981,3651,6642,4823,0542,8762,6894,4845,7955,4855,4845,265
Operating Profit
31-20-152-100-93243696209330929867522
Other Income
23311621-2236491029-381936866
Interest
3363754144534112103889989736364
Depreciation
136126116112107102979491988694111
Profit before tax
-419-490-666-236-257-154-114-7648105963778412
Net Profit
-319-386-666-236-257-154-114-764858880558293
EPS in Rs
-9.48-10.47-17.13-5.47-5.33-3.19-2.07-1.370.870.7910.756.123.21
Dividend Payout %
0%0%0%0%0%0%0%0%0%0%0%0%–

Compounded Profit Growth

10 Years:13%
5 Years:48%
3 Years:126%
TTM:-66%

Compounded Sales Growth

10 Years:16%
5 Years:17%
3 Years:11%
TTM:-13%

Return on Equity

10 Years:%
5 Years:%
3 Years:%
Last Year:31%

Stock Price CAGR

10 Years:43%
5 Years:80%
3 Years:89%
1 Year:-58%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
677478869696110110110145164182182
Reserves
149-255-916-1,268-1,523-1,676-1,768-1,843-1,7734111,3401,9422,039
Borrowings
2,5912,9813,4153,4923,5103,6383,4643,4343,169860473559459
Other Liabilities
1,2001,1751,2291,0971,1541,1451,1731,3061,4631,5431,3781,2071,264
Total Liabilities
4,0083,9743,8053,4073,2383,2042,9793,0062,9692,9603,3543,8913,944
Fixed Assets
1,8361,7001,5881,4861,4091,3241,2381,1811,1651,1321,3821,6141,591
Gross Block
2,484.622,490.952,494.802,492.232,523.072,530.392,528.662,562.672,636.012,551.112,808.703,134.45–
Accumulated Depreciation
648.98790.70906.451,006.721,114.041,206.261,290.461,381.201,470.961,419.511,426.771,520.56–
CWIP
11211211512111979981025269116129191
Investments
81818179111111111
Other Assets
1,9792,0812,0201,7221,7091,8001,6421,7221,7511,7581,8562,1472,162
Total Assets
4,0083,9743,8053,4073,2383,2042,9793,0062,9692,9603,3543,8913,944

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
-32-62-172-1046640291143463321839311
Cash from Investing Activity
1932425-127-37-40-124-119-398-352
Cash from Financing Activity
54315776-48-48-250-89-351-192-41688
Net Cash Flow
-813-11-25-0415-12102447

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
1471882201146147363212141425
Inventory Days
124154167120947594123837084112
Days Payable
22227626916112310211213290767764
Cash Conversion Cycle
48661187232201723572173
Working Capital Days
-94-136-240-750-503-211-345-378-212-25-517
ROCE %
-3%-4%-9%-8%-8%-2%-0%1%9%18%62%36%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
55.90%55.90%58.73%60.02%60.02%60.80%63.85%64.84%64.84%64.84%64.84%64.84%
FIIs
0.00%0.00%0.09%0.67%2.57%3.05%2.92%3.00%3.23%3.56%3.63%3.48%
DIIs
0.00%0.00%0.05%0.00%0.00%0.07%0.08%0.09%0.10%0.11%0.11%0.12%
Public
44.09%44.09%41.12%39.30%37.40%36.07%33.15%32.05%31.83%31.50%31.41%31.56%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Jai Balaji Industries Ltd. Opens Special Window for Physical Share Transfers Until Feb 2027

14th April 2026, 9:58 pm

Jai Balaji Industries Announces Senior Management Resignations

12th April 2026, 12:59 am

Jai Balaji Industries receives ESG rating of '57'

3rd April 2026, 9:00 pm

Jai Balaji Industries Closes Trading Window from April 1, 2026

25th March 2026, 5:24 pm

Jai Balaji Industries Schedules Analyst Meeting for March 10, 2026

5th March 2026, 10:54 pm

Published by Other Websites

External media mentions & references

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13th March 2026, 3:59 pm

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26th February 2026, 5:46 pm

Usha Martin, Jai Balaji Soar on Heavy Volume Spikes

25th February 2026, 1:37 pm

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23rd February 2026, 9:19 am

BSE Pre-Open Surge: ESAB India, Garware Hi-Tech Lead Buyer Demand

20th February 2026, 9:27 am

News Articles

Editorial & research coverage

Sector Heat Fuels Pre-Market Stock Rally
Sector Heat Fuels Pre-Market Stock Rally

28th January 2026, 9:47 am

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17th January 2026, 5:54 pm

MASSIVE Surge! 10 Indian Stocks Hit Price-Volume Breakout – Your Watchlist for Tomorrow!
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29th December 2025, 6:01 pm

Indian Markets End Flat After Volatile Session: Experts Weigh In on Support, Rupee Woes & US Data!
Indian Markets End Flat After Volatile Session: Experts Weigh In on Support, Rupee Woes & US Data!

15th December 2025, 4:53 pm

Documents

Announcements

Monthly Report On Re-Lodgement Of Transfer Requests Of Physical Shares.

29 Dec - SEBI re-lodgement report: nil physical-share transfer requests processed in November 2025.

Closure of Trading Window
Reply To BSE''s E-Mail Under Regulation 30 Of SEBI (LODR) Regulations, 2015.

16 Dec - Company informs BSE it has no undisclosed price-sensitive information amid increased volume; will continue disclosures.

Clarification sought from Jai Balaji Industries Ltd

16 Dec - Exchange has sought clarification from Jai Balaji Industries Ltd on December 16, 2025, with reference to Movement in Volume.

Announcement under Regulation 30 (LODR)-Newspaper Publication

29 Nov 2025 - Disclosure of Newspaper Publication made under Regulation 30 SEBI (LODR) Regulations, 2015

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from nse)

Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Credit Ratings

Rating update

31 Jul 2025 from crisil

Rating update

25 Oct 2024 from crisil

Rating update

30 Sep 2024 from crisil

Rating update

16 Feb 2024 from crisil

Rating update

31 Jan 2024 from crisil

Concalls

May 2025

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Mar 2025

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Nov 2024

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Aug 2024

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Jun 2024

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May 2024

Transcript

May 2024

TranscriptPPTRecording

Jan 2024

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Stock Analysis

Description

  1. Jai Balaji Industries Limited is an integrated steel manufacturer engaged in producing Ductile Iron (DI) Pipes and Specialized Ferro Alloys. It is recognized as a 3-Star Export House, exporting to over 40 countries.

Key Growth Triggers

  1. The company's diversified product portfolio, including value-added DI pipes, and its established export presence position it to capitalize on infrastructure development and global steel demand. Its integrated manufacturing facilities provide a competitive advantage.

Order Book

  1. Currently no data available for Order Book.

Key Red Flags

  1. The company has reported substantial year-on-year declines in revenue and net profit for Q1 and Q2 FY26, indicating potential operational challenges.
  2. A promoter entity has pledged 1.86% of its shareholding, which could signal financial leverage or liquidity needs at the promoter level.
  3. The company has a history of fluctuating profitability and has not paid dividends recently.

Key Dates To Watch

  1. Board Meeting for Q3 FY26 results (date to be announced; trading window closed from January 1, 2026).

Corporate Announcements

14th Apr 26
Impact Rating: -
No description available.
11th Apr 26
Impact Rating: 5
Jai Balaji Industries Limited has announced the resignation of its President - Sales & Marketing and Associate Vice President - Accounts, citing personal reasons.
3rd Apr 26
Impact Rating: 7
Jai Balaji Industries Limited announced it has received an ESG rating of '57' for FY2025 from NSE Sustainability Ratings & Analytics, reflecting its ESG performance.
25th Mar 26
Impact Rating: 8
Jai Balaji Industries will close its trading window for designated persons from April 1, 2026. This window remains shut until 48 hours after the declaration of its audited financial results for the fourth quarter and year ended March 31, 2026, as per SEBI rules.
5th Mar 26
Impact Rating: 5
Jai Balaji Industries Limited has scheduled a virtual one-on-one meeting with Choice India - Institutional Equities on Tuesday, March 10, 2026. The company has clarified that no Unpublished Price Sensitive Information (UPSI) will be disclosed during this investor interaction.